Wash. Rev. Code § 23.100.0104
Purpose and duration of limited cooperative association
Washington · Revised Code of Washington Chapter 23.100 — Limited Cooperative Associations · Status: effective
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- Wash. Rev. Code § 23.100.0104, Purpose and duration of limited cooperative association, Washington, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1497976
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(1) A limited cooperative association is an entity distinct from its members.
(2) A limited cooperative association may be organized for any lawful purpose, regardless of whether for profit, except that a limited cooperative association may not be organized for the purpose of generating, purchasing, selling, marketing, transmitting, or distributing electric energy.
(3) Unless the articles of organization state a term for a limited cooperative association's existence, the association has perpetual duration.